E21 Building a distributed warehouse network one parcel at a time with STORD co-founder Sean Henry

In this episode, Erasmus Elsner is talking to Sean Henry, co-founder and CEO of STORD about building a digital warehouse and distribution startup backed by some of Silicon Valley's top venture firms, incl. Susa Ventures, Kleiner Perkins and Founders Fund from Atlanta, Georgia.  

00:00 Intro 

01:11 Announcing the Series B led by Founders Fund  

02:57 What solution does STORD offer?  

04:27 Sean Henry's entrepreneurial journey from childhood 

13:00 STORD business model 

19:50 Solving the two-sided marketplace problem 

25:35 Competitive landscape 

28:55 Software-enabled marketplace: Software as a wedge to get supply side 

35:15 STORD pricing  

38:50 STORD as a distributed logistics and storage systems 

45:15 Acquisition of Cove Logistics in summer of 2020 

48:31 Raising money from Silicon Valley as an Atlanta based startup 

54:45 What's next for STORD